Based on the following production and sales data of Shingle Co. for March of the current year, prepare (a) a...
Based on the following production and sales data of Shingle Co. for March of the current year, prepare (a) a sales budget and (b) a production budget.
Product T | Product X | |
| Estimated inventory, March 1 | 28,000 units | 20,000 units |
| Desired inventory, March 31 | 32,000 units | 15,000 units |
| Expected sales volume: | ||
| Area I | 320,000 units | 260,000 units |
| Area II | 190,000 units | 130,000 units |
| Unit sales price | $6 | $14 |
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